Saturday, August 6, 2011

NYU's Nouriel 'Dr. Doom' Roubini: Better Than 50% Chance of U.S. Recession

Growing panic about the debts of big eurozone countries like Italy and Spain combined with fears the US may be heading back into recession. Jobs figures later could heavily-influence whether the US economy is indeed on the point of shrinking again.Oh, come on Edward, surely this time you are going too far? The Germany economy is the strongest in Europe, time and again we have been told it is powering and powering ahead. It has just demonstrated record growthThe expiration of jobless benefits

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